SUSI Partners to Fund Canopy Power’s Renewable Microgrids Updated On Thu, Oct 7th, 2021 by Saurenergy Swiss fund manager SUSI Partners, through its Asia Energy Transition Fund (SAETF), has joined forces with Singapore-based microgrid technology provider Canopy Power to bring clean power solutions to off-grid locations across Southeast Asia. It is SUSI’s second investment in Southeast Asia following the creation of a joint venture with Malaysian company InvestEnergy which is dedicated […] Read more
Respite for South East Asia Manufacturers, As US Delays Decision on Solar Tariffs Updated On Tue, Oct 5th, 2021 by Saurenergy The complaint by a group of manufacturers calling themselves the American Solar Manufacturers Against Chinese Circumvention, or A-SMACC that sought higher tariffs on Southeast Asian solar-power imports has led to an interesting situation with the US department of commerce asking the firms to identify themselves first. The issue had been raised by the largest body […] Read more
Vestas & Casa dos Ventos to Build 189 MW Wind Project in Brazil Updated On Tue, Oct 5th, 2021 by Saurenergy Danish wind turbine manufacturer Vestas has signed a new agreement with Casa dos Ventos for a 189 MW wind project in Rio Grande do Norte, Brazil. As the fifth contract between the companies, the order takes the cooperation to surpass the 1.7 GW mark and highlights Casa dos Ventos’ position as Vestas’ largest customer in […] Read more
Developers, Indian Government May Need To Discuss Solar’s Perfect Storm Soon Updated On Mon, Oct 4th, 2021 by Saurenergy As China moves with rolling power cuts and energy cutbacks to industries across key provinces, provinces like Jiangsu, which host some of the largest solar manufacturers, have been included in the cutbacks. The power cuts have been necessitated by a coal shortage/high cost coal, rising gas prices, a push for controlling overall emissions and more, […] Read more
IEX Clocks 59% YoY Trade Volume Growth during September Updated On Mon, Oct 4th, 2021 by Saurenergy The Indian Energy Exchange (IEX) traded 8,997 MU electricity volume and achieved 59% YoY growth in September’21, according to the power demand data published by the National Load Dispatch Centre. The data also showed that the national peak demand in September’21 saw a 2% YoY increase, with the highest ever peak demand at 180.7 GW, […] Read more
CESL Launches Grand Challenge for E-Buses Deployment in 9 Cities Updated On Fri, Oct 1st, 2021 by Saurenergy In an attempt to boost the adoption of electric buses for public transport in the country, Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has announced the ‘Grand Challenge’ – a set of homogenized demand for electric buses aggregated across nine cities. The Grand Challenge invites State Transport Undertakings […] Read more
Poor Policy Choices Bring Pakistan To The Brink In Gas Price Surge Updated On Thu, Sep 30th, 2021 by Saurenergy For Pakistan, the inexorable rise in global LNG spot prices is turning into a never ending nightmare. Thanks to a high dependence on spot gas purchases, the South Asian country of almost 220 million people is headed for a cold winter with possibly some of the poorest preparations in a decade. Even as the government […] Read more
EIB Grants Ørsted €500 M Loan for Green Energy Projects Updated On Thu, Sep 30th, 2021 by Saurenergy The European Investment Bank (EIB) has signed a EUR 500 million loan with Danish energy company Ørsted to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB. The EIB issues long-term loans on […] Read more
Tata Power-DDL Launches One-stop-shop Smart Energy Shoppe Updated On Thu, Sep 30th, 2021 by Saurenergy Tata Power Delhi Distribution Limited, a power utility supplying electricity to a populace of over 7 million in North Delhi, has announced the launch of a one-stop-shop Smart Energy Shoppe counter to promote the usage of energy-efficient products among its customer base. With this launch, it becomes the first distribution utility to set up a dedicated […] Read more
